News
Mergers and board appointments, 1 May, 2018
Board moves at Sainsbury’s/Asda; Tesla; and Cabot Energy
Sainsbury’s CEO and chairman to head Asda combination; Tesla’s Elon Musk faces a threat to his CEO/chair role; and Cabot Energy begins the search for a new chairman.
Shareholders, 1 May, 2018
Aviva offers ‘goodwill payment’ to investors over preference shares
Following a row over the planned cancellation of preference shares, Aviva offers a ‘goodwill payment’ to investors who sold their shares.
Remuneration, 27 April, 2018
Weir Group’s pay reforms could be ‘model for other companies’
Chairman of Weir Group’s remuneration committee writes of the need for chief executives to lead the way on executive pay reform.
Persimmon bonus scheme, 26 April, 2018
Persimmon AGM vote sees investors slam executive mega-payouts
Majority of Persimmon shareholders either vote against or abstain from backing the housebuilder’s controversial executive bonus payouts.
Boardroom, 25 April, 2018
London Stock Exchange told to tackle culture following CEO’s departure
Report calls on the London Stock Exchange to be more transparent about the company culture it wants following the controversial departure of CEO Xavier Rolet.
Executive recruitment, 23 April, 2018
FTSE 100 looks beyond UK for CEOs
Survey finds that an increasing number of FTSE 100 companies are appointing chief executives from outside Britain.
ESG, 20 April, 2018
Campaign demands more ‘sustainable’ companies for investors
Netflix and Walt Disney are among the companies targeted by investors calling for more “environmentally friendly” policies.
Board reshuffles, 19 April, 2018
Board moves at Tullow Oil; Deutsche Bahn and Mothercare
New chairs across different industries and locations: Tullow Oil; Deutsche Bahn and Mothercare.
Diversity activism, 18 April, 2018
Legal & General and investment group to ‘vote against’ non-diverse boards
Both Legal & General Investment Management and The Investment Association have fired warning shots at FTSE 350 boards to improve gender diversity, or face the consequences.
FRC governance and process, 17 April, 2018
‘Root and branch’ review of FRC launched by government
Business secretary Greg Clark has launched an independent review of the role of accounting watchdog Financial Reporting Council, over concerns that it “lacks teeth”.